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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 1,783 $ 675 $ 3,246 $ 1,806
Operating costs and expenses:        
Cost of materials and other 1,539 444 2,908 1,501
Direct operating expenses (exclusive of depreciation and amortization) 136 119 272 237
Depreciation and amortization 70 71 134 134
Cost of sales 1,745 634 3,314 1,872
Selling, general and administrative expenses (exclusive of depreciation and amortization) 28 22 55 47
Depreciation and amortization 2 3 4 4
Loss on asset disposal 2 1 2 2
Goodwill impairment 0 41 0 41
Operating income (loss) 6 (26) (129) (160)
Other (expense) income:        
Interest expense, net (38) (31) (69) (67)
Investment income on marketable securities 21 21 83 52
Other income, net 3 (1) 10 0
Loss before income tax benefit (8) (37) (105) (175)
Income tax benefit (6) (5) (48) (42)
Net loss (2) (32) (57) (133)
Less: Net income (loss) attributable to noncontrolling interest 4 (27) (12) (41)
Net loss attributable to CVR Energy stockholders $ (6) $ (5) $ (45) $ (92)
Basic loss per share (in dollars per share) $ (0.06) $ (0.05) $ (0.45) $ (0.92)
Diluted loss per share (in dollars per share) (0.06) (0.05) (0.45) (0.92)
Dividends declared per share (in dollars per share) $ 4.89 $ 0.40 $ 4.89 $ 1.20
Weighted-average common shares outstanding:        
Basic (in shares) 100.5 100.5 100.5 100.5
Diluted (in shares) 100.5 100.5 100.5 100.5